Could Ultra Clean Holdings Inc (UCTT) Decline After Today’s Huge Increase?

September 17, 2017 - By Michael Collier

Investors sentiment increased to 2.09 in 2016 Q4. Its up 0.78, from 1.31 in 2016Q3. It improved, as 8 investors sold Ultra Clean Holdings Inc shares while 25 reduced holdings. 31 funds opened positions while 38 raised stakes. 24.01 million shares or 10.71% more from 21.68 million shares in 2016Q3 were reported.
453 were accumulated by Natl Bank Of Montreal Can. Guggenheim Capital Ltd Com, a Illinois-based fund reported 10,240 shares. S Squared Technology Ltd reported 3.65% stake. Grt Cap Partners Lc owns 15,700 shares or 0.04% of their US portfolio. Vanguard Group Inc stated it has 1.22 million shares or 0% of all its holdings. Bridgeway Cap Mgmt accumulated 277,927 shares. Manufacturers Life Ins The holds 0% or 21,454 shares. C M Bidwell & owns 20,345 shares. Parametric Portfolio Limited Liability invested in 0% or 51,049 shares. Blackrock Advsrs Limited Liability Corp holds 171,446 shares or 0% of its portfolio. Moreover, Wall Street Associates has 0.16% invested in Ultra Clean Holdings Inc (NASDAQ:UCTT). Tiaa Cref Investment Mgmt Limited Co has invested 0% in Ultra Clean Holdings Inc (NASDAQ:UCTT). Barclays Public Ltd holds 0% in Ultra Clean Holdings Inc (NASDAQ:UCTT) or 2 shares. Kcg Holding holds 0% in Ultra Clean Holdings Inc (NASDAQ:UCTT) or 19,420 shares. Smith Graham & Co Inv Advsr Ltd Partnership owns 1.25 million shares.

Since March 17, 2017, it had 0 insider purchases, and 11 selling transactions for $3.21 million activity. On Thursday, May 25 the insider SCHERER BARBARA VAUGHN sold $138,305. HAYWARD DEBORAH E also sold $131,146 worth of Ultra Clean Holdings Inc (NASDAQ:UCTT) shares. 18,608 shares were sold by D’Ercole Ronald, worth $421,792 on Wednesday, May 31. Shares for $474,011 were sold by Mezhvinsky Leonid on Tuesday, May 2. $386,276 worth of stock was sold by LEV LAVI on Friday, March 31. On Friday, March 17 the insider Speirs David sold $153,819.

The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) is a huge mover today! The stock increased 3.89% or $1.01 on September 15, reaching $26.96. About 2.16M shares traded or 116.03% up from the average. Ultra Clean Holdings Inc (NASDAQ:UCTT) has risen 320.86% since September 17, 2016 and is uptrending. It has outperformed by 304.16% the S&P500.
The move comes after 7 months positive chart setup for the $870.89 million company. It was reported on Sep, 17 by Barchart.com. We have $28.85 PT which if reached, will make NASDAQ:UCTT worth $60.96M more.

Analysts expect Ultra Clean Holdings Inc (NASDAQ:UCTT) to report $0.64 EPS on October, 25.They anticipate $0.47 EPS change or 276.47 % from last quarter’s $0.17 EPS. UCTT’s profit would be $20.67M giving it 10.53 P/E if the $0.64 EPS is correct. After having $0.62 EPS previously, Ultra Clean Holdings Inc’s analysts see 3.23 % EPS growth.

Ultra Clean Holdings Inc (NASDAQ:UCTT) Ratings Coverage

Among 7 analysts covering Ultra Clean Holdings (NASDAQ:UCTT), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Ultra Clean Holdings had 17 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Standpoint Research to “Hold” on Tuesday, November 15. Needham maintained Ultra Clean Holdings Inc (NASDAQ:UCTT) on Friday, July 29 with “Buy” rating. The rating was maintained by Dougherty & Company on Friday, July 29 with “Buy”. Needham maintained Ultra Clean Holdings Inc (NASDAQ:UCTT) rating on Thursday, February 23. Needham has “Buy” rating and $18 target. Craig Hallum upgraded Ultra Clean Holdings Inc (NASDAQ:UCTT) rating on Friday, July 24. Craig Hallum has “Buy” rating and $8.50 target. The rating was downgraded by Stifel Nicolaus to “Hold” on Friday, July 8. Needham maintained the stock with “Buy” rating in Tuesday, January 10 report. As per Thursday, October 27, the company rating was maintained by Needham. The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) has “Hold” rating given on Thursday, July 27 by Cowen & Co. As per Monday, April 18, the company rating was upgraded by Needham.

More recent Ultra Clean Holdings Inc (NASDAQ:UCTT) news were published by: Nasdaq.com which released: “Zacks.com featured highlights: Ultra Clean Holdings, Burlington Stores, Zumiez …” on September 15, 2017. Also Fool.com published the news titled: “Why Ultra Clean Holdings Inc. Stock Soared Today” on April 27, 2017. Nasdaq.com‘s news article titled: “Why the Earnings Streak Will Continue for Ultra Clean Holdings (UCTT)” with publication date: September 06, 2017 was also an interesting one.

Ultra Clean Holdings, Inc. is engaged in the design, engineering and manufacture of production tools, modules and subsystems the semiconductor capital equipment industry. The company has market cap of $870.89 million. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. It has a 19.42 P/E ratio. The Firm offers its products for the semiconductor capital equipment and equipment industry divisions.

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